Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations to make further Advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver have the effect of precluding Lender from thereafter declaring an Event of Default hereunder with respect to any such inability which shall constitute an Event of Default.
Appears in 2 contracts
Sources: Loan Agreement (Medical Properties Trust Inc), Loan Agreement (Medical Properties Trust Inc)
Advances Do Not Constitute a Waiver. No Advance made by the Lender shall constitute a waiver of any of the conditions of to the Lender's obligations obligation to make further Advances nor any of the terms and conditions of this Agreement, nor, in the event the Borrower is unable fails to satisfy any such condition, shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect such failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 2 contracts
Sources: Loan Agreement (Sepracor Inc /De/), Loan Agreement (Sepracor Inc /De/)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations obligation to make further Advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default hereunder with respect to any such inability which shall constitute an Event of Defaulthereunder.
Appears in 2 contracts
Sources: Building Loan Agreement (Essex Hospitality Associates Iv Lp), Building Loan Agreement (Alterra Healthcare Corp)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations obligation to make further Advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver have the effect of precluding Lender from thereafter declaring an Event of Default hereunder with respect to any such inability which to be a Default. In addition, any waiver of any provision of the Loan Agreement shall not constitute an Event a waiver of Defaultany other provision, and shall not act as a future waiver of any provision of the Loan Agreement.
Appears in 2 contracts
Sources: Construction Rider to Loan Agreement (Blue Dolphin Energy Co), Loan Agreement (Blue Dolphin Energy Co)
Advances Do Not Constitute a Waiver. No Advance made by the Lender shall constitute a waiver of any of the conditions of to the Lender's obligations obligation to make further Advances nor, in the event the Borrower is unable fails to satisfy any such condition, shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect such failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 2 contracts
Sources: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)
Advances Do Not Constitute a Waiver. No Advance advance of Loan proceeds hereunder shall constitute a waiver of any of the conditions of Lender's obligations ’s obligation to make further Advances advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default hereunder with respect to any such inability which shall constitute an Event of Defaulthereunder.
Appears in 2 contracts
Sources: Loan Agreement (CNL Growth Properties, Inc.), Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations the Lenders’ obligation to make further Advances nor, in the event the Borrower is unable to satisfy any such condition, shall any such waiver Advance have the effect of precluding Lender the Agent from thereafter declaring such inability to be an Event of Default hereunder with respect to any such inability which shall constitute an Event of Defaulthereunder.
Appears in 2 contracts
Sources: Mezzanine Construction Loan Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations Lenders’ obligation to make further Advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver Advance have the effect of precluding Lender Agent from thereafter declaring an a Default or Event of Default hereunder with respect to any such inability which shall constitute an Event of Defaulthereunder.
Appears in 2 contracts
Sources: Building Loan Agreement (New York Times Co), Project Loan Agreement (New York Times Co)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations to make further Advances nor, in the event Borrower is unable to satisfy any such condition, nor shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect a failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 1 contract
Sources: Construction Loan Agreement (American Skiing Co /Me)
Advances Do Not Constitute a Waiver. No Advance made by the Lender shall constitute a waiver of any of the terms and conditions of Lender's obligations to make further Advances this Agreement, nor, in the event the Borrower is unable fails to satisfy any such condition, shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect such failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 1 contract
Advances Do Not Constitute a Waiver. No Advance made by the Lender shall constitute a waiver of any of the conditions of to the Lender's obligations ’s obligation to make further Advances nor any of the terms and conditions of this Agreement, nor, in the event the Borrower is unable fails to satisfy any such condition, shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect such failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 1 contract
Sources: Construction Loan Agreement (OneBeacon Insurance Group, Ltd.)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations the Lenders' obligation to make further Advances nor, in the event Borrower is the Borrowers are unable to satisfy any such condition, shall any such waiver Advance have the effect of precluding Lender Agent from thereafter declaring such inability to be an Event of Default hereunder with respect to any such inability which shall constitute an Event of Defaulthereunder.
Appears in 1 contract
Sources: Revolving Credit Agreement (Shelbourne Properties Ii Inc)
Advances Do Not Constitute a Waiver. No Advance shall constitute a ----------------------------------- waiver of any of the conditions of Lender's obligations to make further Advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver have the effect of precluding Lender from thereafter declaring an Event of Default hereunder with respect to any such inability which shall constitute to be a Default or an Event of Default.
Appears in 1 contract
Sources: Non Recourse Loan Agreement (Markwest Hydrocarbon Inc)
Advances Do Not Constitute a Waiver. No Advance shall constitute a waiver of any of the conditions of Lender's obligations ’s obligation to make further Advances nor, in the event Borrower is unable to satisfy any such condition, shall any such waiver Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default hereunder with respect hereunder; provided however, that the inability or failure of Borrower to satisfy any such inability which condition shall not constitute an Event of DefaultDefault except to the extent expressly provided herein.
Appears in 1 contract
Advances Do Not Constitute a Waiver. No Advance made by the Lender ----------------------------------- shall constitute a waiver of any of the conditions to the obligation of Lender's obligations the Lender to make further Advances nor, in the event the Borrower is unable fails to satisfy any such condition, shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect such failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 1 contract
Sources: Loan Agreement (Jameson Inns Inc)
Advances Do Not Constitute a Waiver. No Advance made by the Lender shall constitute a waiver of any of the conditions of to the Lender's obligations ’s obligation to make further Advances nor, in the event the Borrower is unable fails to satisfy any such condition, shall any such waiver Advance have the effect of precluding the Lender from thereafter declaring an Event of Default hereunder with respect such failure to any such inability which shall constitute satisfy a condition to be an Event of Default.
Appears in 1 contract
Sources: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)